As noted in the prior section, e-banking has unique
characteristics that may increase an institution's overall risk
profile and the level of risks associated with traditional
financial services, particularly strategic, operational, legal, and
reputation risks. These unique e-banking characteristics
include:

Need to integrate e-banking with the institution's legacy
computer systems,

Dependence on third parties for necessary technical expertise,
and

Proliferation of threats and vulnerabilities in publicly
accessible networks.

Management should review each of the processes discussed in this
section to adapt and expand the institution's risk management
practices as necessary to address the risks posed by e-banking
activities. While these processes mirror those discussed in other
booklets of the IT Handbook, they are discussed below from an
e-banking perspective. For more detailed information on each of
these processes, the reader should review the corresponding booklet
of the IT Handbook.